THE DOURIE FARMING COMPANY LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -44% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: strategic trade sale (63/100).
Refinance opportunity
3 live charges · 2 lenders · oldest 57.7y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 57.7 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-28 | 2023-11-28 |
|---|---|---|
| Total assets | £5.75M | £5.83M |
| Current assets | £3.24M | £3.22M |
| Cash | £273.3k | £490.2k |
| Debtors | £521.2k | £476.6k |
| Net assets | £1.95M | £1.82M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (32 events)Click to expand
- 2025-08-18📄accounts-with-accounts-type-smallaccounts · AA
- 2024-11-06📄memorandum-articlesincorporation · MA
- 2024-11-06📄resolutionresolution · RESOLUTIONS
- 2024-08-19📄accounts-with-accounts-type-smallaccounts · AA
- 2023-07-24📄accounts-with-accounts-type-smallaccounts · AA
- 2022-07-15📄accounts-with-accounts-type-smallaccounts · AA
- 2021-07-30📄accounts-with-accounts-type-smallaccounts · AA
- 2020-07-01📄accounts-with-accounts-type-smallaccounts · AA
- 2019-06-21📄accounts-with-accounts-type-smallaccounts · AA
- 2018-07-31📄accounts-with-accounts-type-smallaccounts · AA
- 2017-07-28📄accounts-with-accounts-type-smallaccounts · AA
- 2016-08-25📄accounts-with-accounts-type-smallaccounts · AA
- 2016-08-23📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2016-08-23📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2016-08-18➕BEGG, Robert Anderson appointedsecretary
- 2016-08-18➖CHRISTIE, Rory resignedsecretary
- 2016-01-28📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-12-14➖CHRISTIE, Robin Henry resigneddirector
- 2014-09-30➕CHRISTIE, Rory appointedsecretary
- 2014-09-30➖HOUSTON, Jessie Mckay Aitken resignedsecretary
- 2013-01-03🔒Charge registered #3Lender: Bank of Scotland PLC
- 2012-12-18🔒Charge registered #2Lender: Bank of Scotland PLC
- 2009-09-17➕CHRISTIE, Gregor Robin appointeddirector
- 2009-09-17➖CHRISTIE, Iain Thomson resigneddirector
- 2009-07-17➕CHRISTIE, Rory Henderson appointeddirector
- 2004-03-12➖CHRISTIE, Peter George resigneddirector
- 1997-02-24➖CHRISTIE, Henry Burns resigneddirector
- 1993-12-06➕HOUSTON, Jessie Mckay Aitken appointedsecretary
- 1993-12-03➖STEWART, Elizabeth resignedsecretary
- 1990-04-09➖CHRISTIE, Agnes Cumming resigneddirector
- 1968-08-19🔒Charge registered #1Lender: Friends' Provident and Century Life Office
- 1954-11-26🏢Company incorporatedAs THE DOURIE FARMING COMPANY LIMITED
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 17 years.
- secondaryStable-but-static management: Company is 71 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanGroup structure
Dourie Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Dourie Holdings Limited Corporate entity | 75–100% | — | 75-100% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Agriculture · DG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BALGREGGAN FARMS LIMITED→ SC251076 · est 2003 | £1.55M £1.19M–£1.91M | — | — | 7 | 22y | 82 | 61y |
| LARG FARMING COMPANY LIMITED→ SC247253 · est 2003 | — | — | — | 1 | 23y | 83 | 89y |
| A & J MURCHIE LIMITED→ SC295564 · est 2006 | — | — | — | 900 | 20y | 82 | 60y |
| A H S DRUMMOND (GLENSIDE) LIMITED→ SC324103 · est 2007 | — | — | £660.6k | — | 18y | 82 | 84y |
| A. LOCHHEAD FISHING COMPANY LIMITED→ SC328174 · est 2007 | — | — | £63.6k | — | 18y | 82 | 67y |
| ALLAN SMITH FENCING & FORESTRY LIMITED→ SC287999 · est 2005 | — | — | — | 2 | 20y | 82 | 71y |
| ROGERMOOR FARM LIMITED→ SC130133 · est 1991 · no financials extracted | — | — | — | — | 35y | — | — |
| ROSS (EXPORT) LIMITED→ SC299942 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| SCT RETAIL LTD→ SC776436 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| SLAGNAW FARMING LIMITED→ SC479947 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| SLOCKMILL AND INSHANKS FARMS LIMITED→ SC030327 · est 1954 · no financials extracted | — | — | — | — | 71y | — | — |
| THE FOREST RIDGE PROJECT LTD→ SC694446 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Registered office
Filing status
Officers (3 active · 8 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 03/01/2013 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Floating charge | 1 property | 18/12/2012 | — | |
| outstanding | Friends' Provident and Century Life Office | Bond & disposition in security | 1 property | 19/08/1968 | — |